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MadameButterfly

(2,342 posts)
12. i don't understand how newspapers would make most of their money off of
Wed Jan 29, 2025, 08:55 AM
Jan 29

the top 5%. Those 5% are only going to buy so many newspapers compared to the rest.
Stockholders and owners are another thing. I don't recall stockholders being a problem at WaPo when Woodward and Bernstein became famous. What mattered was not the politics of the stockholders but whether the story proved to be true, and therefore worth reading.

The difference to my mind is the owner.
Neither then or now does the owner need the income from the paper. WaPo is insignificant in Bezos holdings.
It is ultimately about what Bezos thinks he can gain from cow-towing to Trump, separate from the actual finances of the paper.
It's less about the finances of the newspaper business and more about oligarchy.

I know less about NYT but I suspect oligarchy is at play here. Less blatant because there has been a mix of results from NYT, but definitely moving in the direction of afraid to speak to power.

Recommendations

4 members have recommended this reply (displayed in chronological order):

Sorry Paul. The party leaders at the Ministry of Truth no longer require your services. Ray Bruns Jan 29 #1
Blogs and websites are Deminpenn Jan 29 #2
All at his own expense. That's... littlemissmartypants Jan 29 #3
It's not that expensive Deminpenn Jan 29 #5
I'm pretty sure he'd rather be getting a paycheck and littlemissmartypants Jan 29 #6
Seemed to me he wants to keep Deminpenn Jan 29 #9
to bring back a classic Krugman meme... eShirl Jan 29 #4
Newspapers are Big Business PJMcK Jan 29 #7
Correct.................. Lovie777 Jan 29 #8
i don't understand how newspapers would make most of their money off of MadameButterfly Jan 29 #12
Astute. I've made the case that MSM including print is a "loss leader" for the plutocracy. harumph Jan 29 #28
Sometime in the early 80's the advertising sales departments took over the news industry FakeNoose Jan 29 #23
Rawstory rejects me and I reject it, so here's other sources: hunter Jan 29 #10
I spend much of the day BumRushDaShow Jan 29 #11
Raw Story subscription here: hunter Jan 29 #16
I have a huge pile of subs BumRushDaShow Jan 29 #25
Use this site... MiHale Jan 29 #17
I have been attacked on DU for using that BumRushDaShow Jan 29 #26
K MiHale Jan 29 #31
If someone makes it difficult for me to read their stuff... hunter Jan 29 #29
I run a cleaning program every night & I love it. CrispyQ Jan 29 #30
I have so far avoided "automated" cleaners BumRushDaShow Jan 29 #33
Thank you. I don't like posts that reference RawStory ... aggiesal Jan 29 #19
They have started doing some of their own reporting BumRushDaShow Jan 29 #27
I'd look for the original source and post that. ... aggiesal Jan 29 #34
I normally do that but as I noted BumRushDaShow Jan 29 #35
Where can I find "The Contrarian"? JohnnyRingo Jan 29 #13
Substack nt evemac Jan 29 #14
Now I just have to look up what a substack is. JohnnyRingo Jan 29 #36
The Contrarian MontanaMama Jan 29 #18
The Paper of Record went MAGA Kid Berwyn Jan 29 #15
Stop supporting the nyt...they are not our friend, or a friend to democracy PortTack Jan 29 #20
Fuck the NY Times editorial pimps. Paladin Jan 29 #21
Sorry, but Clinton and the Gingrich Republicans bear much blame here. OrwellwasRight Jan 29 #22
By 1996 it was already too late to save them FakeNoose Jan 29 #24
Kick dalton99a Jan 29 #32
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